Korea Zinc pulls $1.8 billion share sale, set to replace chairman of the board
SEOUL (Reuters) -The chairman of the board of Korea Zinc vowed on Wednesday to make way for an outsider after the firm dropped a plan to issue new shares worth $1.8 billion that had sparked an investigation by the financial watchdog and a share sell-off.
Korea Zinc pulls $1.8 billion share sale, turns sights to board fight
Korea Zinc said on Wednesday it has decided to withdraw its plan to issue new shares worth $1.8 billion after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock.
Korea Zinc to Decide on Disputed $1.8 Billion Share Plan As Pressure Rises
Korea Zinc Co.’s board will meet on Wednesday to decide whether or not to proceed with a $1.8 billion share sale plan which prompted a selloff in the stock and triggered an investigation by the country’s financial watchdog.
Korea Zinc scraps $1.8 billion share issue plan after investor outcry
Korea Zinc cancelled its $1.8 billion share issuance plan after backlash, leading to Chairman Choi Yun-beom's resignation.
(LEAD) Korea Zinc to hold shareholders meeting over management control
Korea Zinc Co., the world's largest refined zinc smelter, said Wednesday it will hold a shareholders meeting over its management control, hours after scrapping its share sale plan taken issue with by the financial regulator.
Trump vowed to oust SEC Chairman Gary Gensler, and these crypto advocates could take his place
While Trump in July promised to fire Gensler on day one of his second administration, he technically can’t remove Gensler ...
Santa Rosa Press Democrat3h
Welcome to China’s underground raves, from street techno to quotes from Chairman Mao
By day, Xing Long works in an office for a state-owned company in Changchun, an industrial city in the northeastern rust belt ...
Arvinder Singh Sahney is new chairman of Indian Oil
Arvinder Singh Sahney appointed Chairman of Indian Oil Corporation with extensive experience in refinery and petrochemical ...
Starbucks chairman emeritus Howard Schultz’s advice for young people: ‘You would benefit from working at a company’ before starting your own
Since then, Schultz has made an variety of investments in entrepreneurial pursuits including Oatly oat milk, True Food ...
Mining Technology14h
Korea Zinc chairman steps down amid takeover battle and shareholder struggles
Yun B. Choi, the chairman of Korea Zinc’s board, has pledged to step down and make way for an outsider to take the role.
Washington Examiner5d
Fed chairman Powell says he wouldn’t resign if asked by Trump
Federal Reserve Chairman Jerome Powell said he would not step down from his role if President-elect Donald Trump asked him ...
The Associated Press on MSN4d
Texas Democrats’ longtime chairman steps down after big losses continue for the party
The longtime leader of the Texas Democratic Party is stepping down. Gilberto Hinojosa's announcement Friday comes after ...
Swarajya2h
'Thakur CM, Thakur Chairman Snatching Rights': Samajwadi Party Media Cell Adds Caste Angle To UPPSC Amid Aspirants' Protest
After Samajwadi Party (SP) national president Akhilesh Yadav called the Special Task Force (STF) Special Thakur Force, the ...
Former Freedom Caucus Chairman Scott Perry survives reelection fight against TV anchor Janelle Stelson
Perry became a 2024 target of House Democrats as he began to cement a reputation of being willing to buck his party's ...
Missouri Gaming Commission chairman discusses sports betting
Missouri Gaming Commission Chairman Jan Zimmerman is doing the work to bring sports betting to Missouri after voters approved ...
In Conversation with Davide Bollati, Chairman, Davines Group
Davines Group is an Italian, family-owned B-Corp beauty company that specializes in sustainable haircare and skin care ...
Reuters on MSN1d
Swiss National Bank not locked into rate cuts, Vice Chairman says
ZURICH (Reuters) - The Swiss National Bank is not locked into more interest rate cuts in December, Vice Chairman Antoine ...